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. in italy, in europe, a lot of italians are baying little red horns because little red horns ward off the so-called evil i didn't. and, then, putin is not worried at all, the russian president says he knows when the world is ending, 4.5 billion years away but he also said, today, and this is interesting, that life on earth will end before the world ends because the sun is going to turn into a little white dwarf. this has been a good crop of mushrooms this year. >>shepard: apparently. maybe he can slay a dragon. what left is nasa is left. >>jonathan: nasa made a video datelined the day after the apocalypse with this message. >> december 22, 2012. if you are watch this video, it means one thing: the world didn't end yesterday. >>shepard: it means they released it early. >>jonathan: nasa says there are no comets that will collide with the earth or nothing that will bun us up but they did it early which makes you wonder really they really are preparing and just wanted to put this out but if you want reliable evidence the world is not ending i talked to my brother in new zealand a short time ago
that could change history, we are not talking about the u.s., how italy's hard times could shut down some of the most famous tourist destinations. do you see this woman? look at her? do you think she is pretty? of course she is. do i find her irresistible, her bosses did and he fired her, and the court ruled in his favor.on we call the internet of everything. ♪ it's going to be amazing. and exciting. and maybe, most remarkably, not that far away. we're going to wake the world up. and watch, with eyes wide, as it gets to work. cisco. tomorrow starts here. >> a new weekend of violence and death and explosions in syria. this is damascus, five people were killed when a car bomb blew up. it filled the streets with debris and tore aparty apartment buildings. 30 people died in attacks across syria and half of them were in damascus. this is india, new delhi to be specific. people being blasted with high pressure water hoses, people are furious when a woman was gang raped and beaten on a moving city bus last weekend. protesters are demandsing changes to india's laws and say women are not safe. t
of 115.she waa born on april 4thh 18-97... nd came tt des moinnssfrom italy inn 19920. manfredini held the title from gginness world records for just a few weeks... when the previius record-holdee passed away at the age of 116. 3&p a nationwide competition for a 0 ttousand dollar grant is doww to the last twoodays. and tte mount washington 3 of 22 hundred entries. entties. that's impressive, but only the top spot, gets - the mmney... so joel d. smith is ive at the school now too see what the students are top, anddsee exactly whh the -3 pmney is needed rrghh now. now. 33 3 3 cominggup on the earlyy edition... wwiters foolowing aadream. dream.the avenues ttey an take... to get published. &p ,3 ((break 1)) ((bump in)) 3 ((ad lib meteorologist)) 3 ((traffic reporter ad libs)) libs))((trrffic reporter ad - liis))map greenspring liberty 33 40 map 3 3 3 3- 3 coming up... injuries eep piling up for the ravens. ravens.the defensive player who will miss the rest of the season. 3 (joel d. smith)"i think its a & ream and you go for t and happens..ideas that inspi
. john: italy first. if you start a business and keep it small, up that 10 workers you have some flexibility but number 11 1/2 to have the self assessment outlying every possible health and safety hazard? >> yes. we're not just talking about heavy machinery but how you deal with specific stress with your age, gender, a doctor, the overwhelming majority of italian workers work with 10 or fewer employees. john: number 16 employee you have to have you representatives that is entitled to paid leave? >> eight hours per month. >> if you hire one more he must be disabled? >> number 16 the next one must be disabled or you pay the fine. john: 51st, 7% of payroll must be handicapped. >> 7% must qualify as disabled. rates of disability are pretty high. john: 101 employees, more rules. spain has reformed the stupid work rules that they no longer have to pay 42 months severance pay now it is just 24 months. that is still two years. >> if they turn out badly you will turn up and know them they show them two years. >> having 350,000 under severance pay but now just 200,000. why hire somebody to
of italy without their unde >>> if you're traveling you know good advice. take your under wear in case your check in bags get lost. >> the key phrase is is usually good advice. michael finney here now with a problem solver. >> now, if you guys came to me and said michael, what should i pack in my carry on, boy say carry those things you can't to without. as you said usually good advice on this flight, that normally good advice went awry. sandy is showing us the drill. traveling widely taking a carry on with the must have items. earlier this year, on a trip to italy, things got off to a rocky start for sandy and her husband. >> they're told on the plane before we got on the plane that the overhead bins were full. check your carry on. which is what we did. >> then, what happened? >> then, we got to rome exit wasn't there. >> took took insights and sounds of italy. they bought new. luggage arrived they went to pick it up. >> we had to go to naples, pick it up. and that was probably an hour ride on the bus. and then, we had to take a cab from the airport to the train station where we were going
the sniffles so she will need another seven days of paid vacation. john: italy first. if you start a business and keep it small, up that 10 workers you have some flexibility but number 11 1/2 to have the self assessment outlying every possible health and safety hazard? >> yes. we're not just talking about heavy machinery but how you deal with specific stress with your age, gender, a doctor, the overwhelming majority of italian workers work with 10 or fewer employees. john: number 16 employee you have to have you representatives that is entitled to paid leave? >> eight hours per month >> if you hire one more he must be disabled? >> number 16 the nextne must be disabled or you pay the fine. john: 51st, 7% of payroll must be handicapped. >> 7% must qualify as disabled. rates of disability are pretty high. john: 101 employees, more rules. spain has reformed the stupid work rules that they no longer have to pay 42 months severance pay now it is just 24 months. that is still two years. >> if they turn out badly you will turn up and know them they show them two years >> having 350,000 under severanc
she will need another seven days of paid vacation. john: italy first. if you start a business and keep it small, up that 10 workers you have some flexibility but number 11 1/2 to have the self assessment outlying every possible health and safety hazard? >> yes. we're not just talking about heavy machinery but how you deal with specific stress with your age, gender, a doctor, the overwhelming majority of italian workers work with 10 or fewer employees. john: number 16 employee you have to have you representatives that is entitled to paid leave? >> eight hours per month. >> if you hire one more he must be disabled? >> number 16 the next one must be disabled or you pay the fine. john: 51st, 7% of payroll must be handicapped. >> 7% must qualify as disabled. rates of disability are pretty high. john: 101 employees, more rules. spain has reformed the stupid work rules that they no longer have to pay 42 months severance pay now it is just 24 months. that is still two years. >> if they turn out badly you will turn up and know them they show them two years. >> having 350,000 under severance pay
she got the sniffles so she will need another seven days of paid vacation. john: italy first. if you start a business and keep it small, up that 10 workers you have some flexibility but number 11 1/2 to have the self assessment outlying every possible health and safety hazard? >> yes. we're not just talking about heavy machinery but how you deal with specific stress with your age, gender, a doctor, the overwhelming majority of italian workers work with 10 or fewer employees. john: number 16 employee you have to have you reesentatives that is entitled to paid leave? >> eight hours per month. >> if you hire one more he must be disabled? >> number 16 the next one must be disabled or you pay the fine. john: 51st, 7% of payroll must be handicapped. >> 7% must qualify as disabled. rates of disability are pretty high. john: 101 employees, more rules. spain has reformed the stupid work rules that they no longer have to pay 42 months severance pay now it is just 24 months. that is still two years. >> if they turn out badly you will turn up and know them they show them two years. >> having 350
unite all the family in italy, get together and we start around 7:00. and even before people go to church at midnight. and we start with seafood. >> you say you start with fish. this is the secrets -- >> this is secrets of the sea. >> what's in this? >> baby clams in the shell. >> it's got olives in it. >> olives, capers. >> the secret sauce -- >> just a touch tomatoes, garlic, white wine. that's it. >> when we talk about seven fishes, you've got fish coming all night in italy. you begin when people first walk in with these wonderful oysters. >> oysters, clams, whatever shellfish we have we put them on the table. >> let's have a look at this. this is fresh fish that you've been marinating. >> fish and shell dish. longostino, yellow tuna, whiting, these are called eel. >> you take all of that beautiful fresh fish and you put it in -- what are we sauteing? >> when you put this in the pans, saute little bit, olive oil, mix breadcrumb, white wine, capers, oregano. >> you also brought some pasta. can you lift that over here? >> this is tradition ravioli for christmas day. >> does thi
're seeing this morning. yields up to 4.5 roughly in italy at about 5.4%, respectively. gilt is moving up towards is.9% this morning. the bund yield is still extremely low, so that spread between gilt and bund is widening. look at the euro/dollar. 1 1.3171. extraordinary. we're almost up at that 1.32 level. the dollar/yen is flat, right about 83.88. there we go. a little bit of movement there. the aussie lsh dollar is weaker. the aussie/dollar has been weakening. maybe the researchers of the yen not doing too much to spur sentiment. in any case, let's get the latest out of singapore. >> good morning. you're right, sill st some danger for the japanese markets. however, the yen-sensitive shinzo abe trade still in place. we did see the nikkei gain another 5% today. over the last 15 weeks, it has gained 15%. analysts saying it's now in overbought territory. the nikkei 225 keeps gaining. dollar/yen, pretty flat today. although we were sitting on that 84 handle a little bit earlier. all eyes now on the central bank meeting later this week. expectations for some aggressive monetary easing for al
an eye on it, it is falling a little bit. 1.95% after a soft set of uk retail sales figures. spain, italy, moving higher, but not too much of a move there. 5.3%. and 4.4 for italy. now, forex rates, the euro/dollar and the yen has been in focus still in the last several trading sessions and that continues today. 1.3230 is the level. the yen, though, is giving back about .5% after the bank of japan's quantitative easing plans, pretty much flecting a buy the rumor, sell the fact move. now, house republicans plan to bring their tax bill to a floor vote today. this as tensions over the white house over the fiscal cliff have started to rise. it's unclear what the bill, known as plan b, will look like. house speaker john boehner has reportedly added spending cuts to convince members it will be worth the vote. president obama has threatened to veto the bill. the president says he's puzzled by what's holding up budget talkes and that house republicans should stop trying to score a point against him. >> take the deal. you know, they will be able to claim that they have worked with me over the last
. as for the action in europe, really, the action focuses on italy where there's an impending political regime change. more on that in just a moment. the road map starts at the golden arches. mcdonald's blowing out expectations for november sales after the dismal drop in the month of october. hoping to fuel the rise, the bacon/onion/cheddar sandwich. >> there's one thing for certain, taxes on top earners are going up. >> turmoil in italy. berlusconi throws his hat in the ring. retail sales numbers out of china, hoping the economy is in fact on an upswing. >> apple, enthusiasm. jeffreys trimming its price target to 800 from 900, as apple shares do trade lower in the pre-market. we'll start with mcdonald's, posting better than expected november same-store sales, global comps up 2.4. u.s. same-store sales up 2.5, offered by breakfast offerings, including that cheddar/bacon/onion sandwich, as melissa mentioned. jim? people are saying the u.s. maybe is making a turn here. >> i find mcdonald's is levered to new products, levered to menu technology. they do invent things. my hat's off to janet. they had thi
closing at 12:30. the nordic markets all closed for trades today. italy closed for trade. the smi closed for trade. we've got the ftse 1100 a couple of points higher. the cac and the ibex 35 just off marginal marginally, as well. i would like to show you what type of performance we've had on a year-to-date basis. rising somewhere in the region of 15% since the beginning of this year. you will note that we have had had a bit of a rally heading towards december. the question is whether we'll see that continue into next year. looking at a slightly broader base, the 600 index here, year-to-date higher by 15%, as well. europe's largest economy, the german market seeing some pretty significant gains as well as the dow jones stocks 50 up by 50%. so this brings its up, can it really continue next year? that's when you want to glance at barons, indicating over the weekend you could be looking at a rally. 20% next year. they singled out a number of stocks that they mentioned next year. by the way, andrew one look like one of the little elves in denmark dressed in my parents' garden. it's very swee
% and 1.6%. there's also no political crisis in italy by the way. support has been withdrawn for the group run by monti. berlusconi hinted he may return to politics after stepping down last year. claudia joins us in milan. a number of reports suggested this may not upset investors too much just because we were going to have elections anyway, it doesn't bring it forward a lot earlier. is that the sense that you're getting? >> yes, it doesn't really change in terms of the timing. it just gives you an idea, though, of where berlusconi stands and what the situation is like within that central right next. the pdl has made it clear that there is a serious disagreement within the party. they were set to go forward with some primaries which is what the center left did to elect their candidate. and now that berlusconi has abruptly announced that he's going back, that tells you there is a lot of tension. he's trying to define the support, enough support in order to have some say in parliament even after the elections. an apparently he probably was not able to get that within his own party. as far as
decliners well outpacing advancers. the ftse mib in italy down .6%. the ibex down .4%. the dax selling off .5% lower than yesterday. same goes for the ft. if it is, down .8%. 5909. how quickly we've gone from talking about 6,000 to talking about 5,900. the german bund rallying. same goes for the uk. we're seeing a rotation into safety, out of risk and out of spain and italy. about 4.5% for italy. thin trading in markets is exacerbating the move that we're seeing as we approach the year. today, the austy dollar is weaker against the u.s. dollar by about .4%. proxy there for global growth prospects. the dollar/yen is weaker by about .25%. this as markets digest the news out of the boj and gauge whether they'll be successful in boosting inflation ultimately. the euro/dollar, 1.3221. so for trading in asia, just how japan, china and the rest have been affected by fiscal cliff news, diedra morris is join onning us with plenty more. hi. >> hey, kelly. it was a bit of a rude awaking. a lot of these indexes were on their way to gains and then we had the fiscal cliff setback. we had news that john
. italy, spain, portugal, greece and ireland, hungry are in terrible shape. serious terrible shape. and because some folks don't pay attention to numbers, here's a chance for a statistic to help. students of mine, professors who came to the united states to study the universities where i taught. now professors at the university of acton, major universities increased. today their salaries as we speak are 40 percent less than what they were in may of 2010. try to imagine yourself in a job that you've kept in which the money you get every week is 40% less. police, fire, school teachers, social workers, you name it. .. governments in france and germany have been very frightened since they too are facing an economic crisis and they too are trying to solve it by making demands of their people to pay for something we come in to. they have chosen to use a very dangerous strategy particularly warm germany and the strategy goes like this. we the government are your friends, you the german working-class, because we are not going to allow you to be made to pay for those lazy southern european
finney helps a bay area couple forced to take a tour of italy without >> did you know abc7 news has the fastest weather tracking system? take a look at live doppler 7 hd. our morning meteorologist tells us how it will keep your family safe during our severe weather season. >> winter is officially two weeks away. the rainy season is already here. abc7 news is the best place to track it. abc7 news has the strongest, fastest, most powerful storm tracking system in northern california. from sky 7 hd you can see our exclusive live 7 hd high above the mountain. it's farther west than any other doppler radar in the bay area. the national weather service's doppler is more than 100 miles south in the santa cruz mountains. together we track the storms as they move through the bay area. when rain is approaching. abc7 knows who will be impacted first. live doppler 7 hd is so powerful it can scan hundreds of miles in seconds and pick up even a trace of precipitation in your neighborhood. the national weather service predicts a dryer and warmer than average winter in california because of the el
in personnel to maintain their strength. 14,000 served in that combat in italy. 9,000 500 received purple hearts, 21 medal of honors including senator inouye's medal of honor. and it was a remarkable time and remarkable commitment that he demonstrated to the country that he loved. i know we'll talk about his record and i may do that later myself but i just want to say what i think about daniel inouye in his core. he shared with us at prayer breakfast. we don't quote what people say at that meeting but he talked about his feeling about war and his participation in it. it was one of the most moving presentations i think any of us had seen. and it was so well received by the people there t. truth is senator inouye did not like war. he hated war. he knew the drubblingtive power of war and how people suffered as a result of it. and he voted against a number of resolutions that would commit the united states to military action. but at the same time, there was no doubt based on his ranking and chairmanship over a period of years, decades e he was a person who always at bottom could be counted on
korea's new leader kim jong-un. >>> italy pulled itself out of the debt crisis. monte is widely credited with saving italy from a financial meltdown after stepping into the prime minister's role following the resignation of silvio berlusconi last year. sparked concern that italy may slip back into a recession. >>> president obama and members of the senate will gather later today to say good-bye to one of their own. senator daniel inouye who served. he died last week of respiratory complications. he was 88. senate majority leader has called on abercrombie to appoint a successor before the end of the year. >>> ted kennedy jr., son of
. on the positive side, i just came back from venice, italy where i had the good fortune to attend the 13th architectural [speaker not understood] which is an international event which occurs every two years and obviously one of the most spectacular cities in the world. what i want to talk about is not the travel experience, but what the united states did in response to the general heading of the [speaker not understood] common ground. in the past [speaker not understood] deals with architecture and focuses on the different countries. obviously the u.s. has obviously great contributions and high-rise buildings and that was for many years a reoccurring theme by which we really showed the promise of this country in developing high-rise buildings and pushing the design and the structural solutions pretty much to the extreme artist of world architecture. this time, though, and i am extremely happy about it, we really participate in the discussion about common ground. and skipping fast forward to the u.s. pavilion, we chose the response to being spontaneous interventions which focused on citizen
into italy into tomorrow. lots of blue and white indicating near sub zero temperatures. here is the exthe eended foreca. >> thanks for joining us. to wrap up this edition of "newsline" we go where an annual event is underway to commemorate a tragic earthquake that occurred there. this 270-meter illuminated archway is made of 200,000 lightbulbs. it started in 1995 to mourn the victims of the great earthquake of the same year and to pray for the rebuilding of the city. the theme of the 18th event is the bond of lights. paintings by children in kobe in northeastern areas of japan struck by last year's earthquake and tsunami are on display. >> translator: this gives me a dream for the future. >> the festival runs through december 17th.
constitution. also, this cruise ship is isn't beingto italy m.rubbed from top to botto >> staring up controversy in virginia. breaking news out of egypt tonight. the constitution has received a majority of yes from more than 70%. the results were posted on the muslim's brotherhood website. was about 8ut million people. official results will not be announced for several days. taking a look at stories -- aning around the nation destroyed a home. used forte was being heat. that is what started the fire around 3:30 a.m. this morning. the house had no smoke detectors. this cruise ship is being anitized after more than hundred people got sick from a virus. the virus was likely carried onto the trip by boarding passengers. e.hip went to venic >> john hammer was arrested in thatt for carrying a gun mexican authorities say was forbidden in that country. hammer says he was going to use shotgun to hunt. in mother says that she is shock that he is finally coming home. it was my first night that i slept on the lawn without getting up. it is the thought of not knowing what is going on. can anyone
. >>> little italy gets brighter tonight. the community will get together for the annual christmas tree lighting. there will be a visit from santa. lots of treats. the event starts at 7. it is free to the public. >>> the holiday season is underway. the first family lit up the national tree and the first lady took time to read twas the night before christmas for those attending the ceremony. >>> and billion is doing tall can to help needy children. it is a holiday tradition to keep them warm. city employees and students gathered at the municipal building yesterday. they decorated the tree with scarves, hats, gloves and mittens. this is the 39th year for the ceremony. >> it was to give to those who have little. as the winter approaches, we have children out there without mits and scarves. >> if you would like to decorate it decorate through the 20th of december. >>> and it is that time of year, the toy drive, we're proud of our partnership. the donations of new uncrapped toys will go to children in our area. can you drop them off at mast wal-marts. there is a list of the locations at o
was in congress i have the invitation of president carter to visit italy with the delegation. we went there to deliver assistance from the united states government after an earthquake in southern italy. in one of the villages we visited there was a rehearsal for first communion going on in the church. just about every seven-year-old in the village was there practicing. when the earthquake hit, the roof came down and every seven- year-old in the village was gone. it was impossible to console people there. not only have they individually lost their child, which is unthinkable, but the whole town had passed -- have lost that class. their babies. that really transformed my thinking about how fragile life is. this was a natural disaster. what happened in the town -- newtown was a personal decision whose judgment was impaired. how could he do this? because he had his own problems. how could he do this? because he had the guns. he had the assault magazines to do it. that is how he could do it. let's at least try to mitigate for the circumstances we may not be able to control entirely, the me
's lunchbreak we're cooking with artichokes. which country cultivates the most artichokes? a. greece b. italy c. united states the answer still to come this midday! hi, i'm phil mickelson. i've been fortunate to win on golf's biggest stages. but when joint pain and stiffness from psoriatic arthritis hit even the smallest things became difficult. i finally understood what serious joint pain is like. i talked to my rheumatologist and he prescribed enbrel. enbrel can help relieve pain, stiffness, and stop joint damage. because enbrel, etanercept suppresses your immune system, it may lower your ability to fight infections. serious sometimes fatal events including infections tuberculosis lymphoma, other cancers and nervous system and blood disorders have occurred. before starting enbrel your doctor should test you for tuberculosis and discuss whether you've been to a region where certain fungal infections are common. don't start enbrel if you have an infection like the flu. tell your doctor if you're prone to infections, have cuts or sores have had hepatitis b have
there of in europe. mario monti is stepping down as prime minister of italy. he lost support of the people. he was out in front of italy's debt crisis last year and he lowered the bar in cost. he is a smart guy. he obviously does not want to stay there. investors took heart from the latest data out of china. growth is accelerating. no more that owning our process here. almost 10%. beating analyst estimates. copper moved higher. it is an industrial metal. money flowing into stocks. minors like numa mining. then, of course, the announcement that they would be taking a big acquisition. today, it is up more than a percent. cliff natural of about 5%. we should not forget mcdonald's. better same-store sales than expected. coming up in just a few minutes. cash is king at ethan allen peered the furniture retailer throwing a lot more cash at shareholders. they are announcing a one-time payout this month alone. we will get the inside story from ethan allen chairman and ceo farooq kathwari. you have to hear about his plans for china. international expansion is a huge priority. the chinese may like that p
in italy. that's something angela merkel could support. although she might have to face her own transition to the left as we face elections in september. it's hoped mario monti would stand again and would stay in place because clearly that was the sort of work in progress that worked well. down with the euro and italy has to walk its own way. that is not something that we would like to hear in the eu eurozone or in berlin. >> silvia, thank you so much for your time. >>> now, a weak ahead of the person of the year, the winner, north korean leader kim jong un. the magazine didn't admit that various online campaigns were at work to influence the vote. not necessarily a legitimate tell on who readers would like to see as person of the year. so we're going to cast our own poll on "worldwide exchange." who is your pick for person of the year? e-mails us here, tweet us. i think ross westgate gets my nod. we'll see if maybe he comes out ahead in our unofficial reader poll. staying on that topic, the financial times has named its person of the year. we'll tell you who it is and talk to the newspape
that means but italy has its own laws as you know, probably as well as anybody. but he wants -- he'd like to continue to run the show because he feels just like mario draghi that he's been very successful and he can't let go of the reins. now i understand that. but he doesn't want to run. >> he's been very successful and he tells us about that. >> right. >> he had his july 26th surprise between him and mario draghi but in the end as you pointed out off camera he doesn't want to lose. he's not going through the process in a way where he can lose. basically if you appoint me i'll take it. >> right. >> i think president obama or any politician in the u.s. would love to have those terms up. >> right. he wants the terms. no election. i don't want that process. i don't want the feeling of rejection but i'd like to continue in this path. italy has to make a decision and i think the big money will line up behind him. we see the reactions when berlusconi was on the rise for those two days the bond market got trashed again in italy and he's been out there talking this morning anyway. >> switching g
seeing signs of stress again with the concerns about leadership in italy, and problems in greece, and should we pay attention to that than the fiscal cliff discussions? >> well, you know, right now, doesn't seem like the market is paying attention to that right now. it reminds me a lot of september, before the election, when the s&p's rallied. everything was con taped. we were worried about central bank, liquidity, numbers okayed here, heating up in china. people thought europe was contained, and it feels that way now. people looking past the headlines whether it's the fiscal cliff or europe. i mean, there's a lot of doom day sayers out there, and it makes sense, but it seems like everything right now is contained, and the trade is up to the upside. david: right. liz mentioned the fed decision coming up, should be hearing about it tomorrow. what's the market expecting from the fed? in what way will they be excited or disappointed? >> well, i think the market, if you look at the options market, the flows into the ten year treasuries, it's implying 85 billion per month. the reason
of work. things are not quite that grim in italy, but more and more young people are looking for work. the youth unemployment rate is 36%, the highest since june 2004. >> we have to take a short break, but when we back, december 1 is world aids day. we will be taking a look at the problem of hiv/aids. >> and what is germany going to do with all its nuclear waste? stay with us for that. >> thanks for staying with us. >> welcome back. one of the consequences of the breakdown of public services in the wake of the economic crisis in greece is a sharp spike up people they're infected with aids. >> on the eve of world aids day, officials are warning infection rate could get out of control unless action is taken. >> but as a new report just issued by the united nations shows, there is encouraging news. there's been a large reduction in the amount of new cases in southern africa. >> education campaigns and easier access to medicines have paid off in the battle against hiv. the number of people newly infected with the virus has dropped by 70% in malawi, botswana, and namibia in the past decade
himselfs in cultures and languages and took multiple trips to study abroad in spain, italy, morocco. perhaps most importantly chris knew how to relax and enjoy the moment. when i would periodically freak out about my course work or some o ther problem i thought i had he would make me stop and take a break, play a game of back gammon on the balcony and enjoy the view. it was an early lesson in the zenlike mindfulness of chris. no wonder he exceled in such a challenging and stressful career. i don't want you to think chris was perfect. after extensive research we came up with at least one or two blemishes on his record, sort of. in the interest of time i'm leaving out inappropriate limericks about philosophers. the only time i saw him lose his temper is when we were sharing a double room in the last year. some of the lessen lightened brethren decided to make a bunch of noise during finals week. when yelling at these guys didn't do the trick, chris burst out of bed, ran out onto the balcony, grabbed a water fire extinguisher and let them have it. he seemed much less angry when he came
through this organization in europe, it's much easier to come to a coordination between italy, france and spain that if we had little representative. so europe with this model of collection societies is making it much easier to implement in other countries. >> and what do you expect this to mean for the music industry as you look ahead as you've cleared this obstacle? >> our aim is to make sure that the digital music market is developing. take the work of people talking to the consumer and what we want is to make our content more available so that they can stimulate more the market and give some interesting value to the consume are. so our aim is to make the digital market growing even faster. >> and what model did you have in mind if any or did you have to create the model here? >> well, you know, we are here to make sure that all digital platform -- we are here to support them. so whatever the models they ca imagine, we're here to find a way to find the connection between our consumer and creators. we're here to facilitate and make sure at the end the music market is growing again.
. at a football game, he is looking with all the other men, and it is italy against switzerland. at one time, the italians win. i find it beautiful and emotional at the same time. he betrayed himself through that reaction, and at the same time, it was beautiful, but at the same time, it is sad that you have to change your color or to hide it. that you have to do something like that to deny even your origin. you have to be proud of your urgent and to show it. >> you are giving me a challenge and a challenge -- giving me a challenge and yourself a challenge. what about cult? that is not something to hide behind. it is so out there, and yet, it can be quite important part of your collection. why? >> i have been very marked by the movement. -- what about punk? >> it is not like a creation, absolute. it is part of living in society. of course, the punk movement was very important. like already taken by the society in some ways. i must say that when i was going to london, i loved that. the inspiration, through the air, to everything. at the same time, i was fascinated. because i was not part of th
warrant to obtain the data and probably having lived in italy for nondisclosure of the investigation until such time as it was complete. so based on the tools available to them for the investigation, it really wouldn't matter pre-or post-amendment. they would've proceeded along the same lines regardless. >> host: we have one more question from brendan sasso. >> host: at the market the other day, chairman leahy said he's glad the past these changes and he looks forward to getting this passed into law and the next congress. there's not a chance of it happening this year. i'm wondering what needs to happen politically, what are the obstacles to passing it and i guess that would be next congress. >> guest: first it is important to remember how strong the coalition behind this legislation is. you've got the american civil liberties union, americans for tax reform, electronic frontierg foundation. you've got people across the political spec drum and 95 companies that might otherwise be suing each other sometimes. there's apple, microsoft, at&t,g intel, adobe, a lot of the largu companies in this
came with her family to escape what was happening in italy with mussolini and about the time i was born in 62 about the time that -- about the time that people were fleeing to the suburbs i asked my mother why aren't we leaving? and she said "i want my children to be raised in the city". back then i grew up in westportal. took the streetcar through the tunnel and i was going to school at seven in the morning just as the castro was winding up their evening, and saw all kinds of things that my mother may not have agreed with, but trusted in the fact that we could go through this city and see what we see. you know 30 years ago right across the street u2 played at the civic and the first thing out of bono's mouth and exactly his age. he was 20 years old. this is san francisco. we can do what we want there. well, he did that seven years later and spray painted the fountain and that was disstrugz of property and they paid for that. that compromised the city. this is not destruction of property. this is a problem with people who do not like to see naked people. okay. >> thank you ve
. one, there's always political risk. in italy, you do have elections coming up. there's a chance getting a higher share than people anticipate. but even then, the financial forces are going to force any government that comes into power to more or less stick to the plan morsi set out. on the other hand, there's always spain, the worries that with 25% unemployment, that you would see the default rate particularly on residential mortgages shoot up, it's 3% now, which is pretty amazing given the struggles within the economy, but we think it will go up somewhat, but really not any more than people have already priced in. >> and then ten year yields, 5.24%. at the moment, relatively speaking, pretty comfortable. >> maybe a little bit too comfortable and we certainly don't want to get complace complacent.yields are where they were say in march of this year and then subsequently they shot up to 7.5%. we know with the draghi put that that won't happen, but we don't want to think that there is only one way -- >> yesterday said, look, sort of the idea of the risk on phrase, certainly for --
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